Meat Substitutes Market Current Trend and Upcoming Opportunities Lead by Archer Daniels Midland Company, Amy's Kitchen, Beyond Meat, Quorn Foods, MGP Ingredients

An off-the-shelf report on Meat Substitutes Market which has been compiled after an in-depth analysis of the market trends prevailing across five geographies (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical white papers, paid databases etc. followed by primary research (interviews) with industry experts/KOLs to gain their insights and views on current scenarios and future scope of the market as well as validating the secondary information, further internal statistical model is used to estimate the market size and forecasts till 2027.

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Leading Meat Substitutes Market Players:

• Archer Daniels Midland Company,
• Amy's Kitchen,
• Beyond Meat,
• Quorn Foods,
• MGP Ingredients
• E. I. du Pont de Nemours and Company
• Garden Protein International Inc
• Morningstar Farms
• VBites Foods Limited
• Cauldron Fermented Foods

Meat substitutes are meatless food that have taste, appearance, and texture of food made from meat, poultry, and fish. The main source used in the production of meat substitutes is a plant protein such as glutens and globulins. Meat substitutes are high in protein and calcium; thus, the intake of these substitutes is largely observed among sportspersons and young generation. Ongoing trends such as vegan and consuming plant protein have shown extraordinary results in a reduction of cholesterol, preventing menopausal complications and various other diseases. Recently, a large percentage of the population is preferring vegetarian food that has impelled the demand for meat substitutes.

The meat substitute market has gained substantial growth due to the health benefits of meat substitutes and increased preference for vegetarian foods. Also, an increase in the incidence of health disorders and fitness awareness among consumers is expected to drive the meat substitute market growth. Furthermore, companies are innovating and developing product lines for meat substitutes due to increasing adoption level of meat substitutes by consumers. However, the lack of good taste in comparison to natural meat products is hindering the global meat substitute market. Moreover, rising organized retail sector for meat substitutes is expected to provide strong market growth opportunity in the future.

The Meat Substitutes Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.

The global meat substitutes market is segmented on the basis of type, source, and category. On the basis of type, the meat substitutes market is segmented into tofu & tofu ingredients, tempeh, textured vegetable protein (TVP), seitan, quorn, and others. By source, the meat substitutes market is bifurcated soy, wheat, mycoprotein, and others. By category, the meat substitutes market is divided into frozen, refrigerated, and shelf-stable.

The Meat Substitutes Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2019 – 2027, considering 2018 as the base year and 2019 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.

Reason to Buy

· Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Meat Substitutes Market

· Highlights key business priorities in order to assist companies to realign their business strategies.

· The key findings and recommendations highlight crucial progressive industry trends in the Meat Substitutes Market, thereby allowing players to develop effective long term strategies.

· Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

· Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

· Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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